Marsha deposited $7,500 into a savings account 5 years ago. The simple interest rate is 3%. How much money did Marsha earn in interest? What would be her new account balance?

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Jun 19, 2022 80.5k views

4 votes

Marsha deposited $7,500 into a savings account 5 years ago. The simple interest rate is 3%. How much money did Marsha earn in interest? What would be her new account balance?

Mathematics
high-school

Natecat asked

by Natecat

5.4k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

4 votes

Answer:

earned in intrest would be 450.

Explanation:

i did the assingment

Fedorshishi answered Jun 20, 2022

by Fedorshishi

4.8k points

0 Comments

Please log in or register to add a comment.

2 votes

they made $1125 and the new balance is $8625

BigRedDog answered Jun 23, 2022

by BigRedDog

5.0k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.3m questions

6.8m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

0 Comments

Please log in or register to add a comment.

0 Comments

Please log in or register to add a comment.

Other Questions